I'm wondering which currencies in the world are currently pegged to another currency or to a specific value, like gold or the US dollar.
7 answers
Raffaele
Thu Nov 21 2024
Various nations adopt strategies to ensure the stability of their currencies.
StormGalaxy
Thu Nov 21 2024
One common method is to link the value of their currency to the U.S. dollar.
Skywalker
Thu Nov 21 2024
The U.S. dollar holds a reputation for being a reliable and stable currency globally.
Alessandro
Wed Nov 20 2024
One such currency that is pegged to the U.S. dollar is the Belize dollar.
CryptoVanguard
Wed Nov 20 2024
Another currency that follows this approach is the Hong Kong dollar.